Components of Commercial Value Chain
April 3, 2025
Introduction The concept of the value chain was introduced by Michael Porter. The concept helps categories’ activities undertaken by enterprise to deliver a successful product to a customer. The concept since its introduction in 1980s has become a forefront in developing strategies around customer delight and commercial success. The value chain is series of activities…
Introduction Information systems can be defined as set of co-ordinated network of components, which act together towards producing, distributing and or processing information. Information systems in conjunction with information technology have various applications in today’s business environment. Communication System The process of transmitting information from one place to another is called communication. The transfer of…
Introduction The last decade has shown rapid development in the information technology and its application. This has helped changed the way we look at the world as well as the way business is conducted. Both business and trade have gained under the wave of information technology with improvement in efficiency, productivity and bottom line. Productivity…
Enterprise resource planning has been the forefront in providing efficiency and productivity solution to the companies all over the world. In the global and competitive environment, it is essential for companies to have some sort of ERP in place. Enterprise resource planning ensures that deployment of resources take place, and company can monitor them on a real-time basis.
The top 5 ERP Solution providers not in a particular order are Epicor, Infor, Microsoft, Oracle and SAP.
The small business market is dominated by the Microsoft ERP products. Since 2000, the company has acquired a string of companies, which has added to value to its ERP portfolio.
Epicor and Infor both are strong players in the middle market. Epicor is very robust in financial services, hospitality, retail, etc. sectors.
SAP is the world leader in this market because it provides superb accounting solution software, which tightly integrated all major departments throughout the company. Oracle through acquisition of PeoplSoft has emerged a strong force in ERP market.
Your email address will not be published. Required fields are marked *